# Morgan Stanley launched a crypto price war on E*Trade at 50 basis points, undercutting Coinbase and Schwab.

*fintech · news · 2026-05-11 · Crypto News*

## Key points

- Morgan Stanley's ETrade crypto pilot charges 50 basis points, undercutting Coinbase, Schwab, and Fidelity fees.
- ETrade clients can trade Bitcoin, Ether, and Solana directly in brokerage accounts via Zerohash infrastructure.
- Morgan Stanley plans to offer a proprietary digital wallet for crypto and tokenized assets in 2026.
- Morgan Stanley’s 16,000 advisors overseeing $9.3 trillion in assets offers unmatched distribution for crypto trading.
- Coinbase responded by launching commission-free stock trading to reduce reliance on crypto trading fees.

**Companies:** Morgan Stanley, Coinbase, E*Trade, Schwab, Fidelity
**Countries:** United States

[Read the full story on Crypto News](https://crypto.news/morgan-stanley-launches-crypto-price-war-on-etrade/)

---

Canonical: https://newsio.io/n/7a79d26b-7d07-4aa9-a2da-26681c69c6f2/morgan-stanley-launched-a-crypto-price-war-on-etrade-at-50-basis-points-undercut
Summarized by Newsio from Crypto News. https://newsio.io/how-it-works